Friday, July 13, 2007

Provision for child's education

If your child is smart enough to qualify for university, will you be smart enough to provide for it?

Obviously, your child got his/her genes from you. It would be far too late for you to wait till the day he/she gets the results for you to make provision. Five or ten years before they are due for university is a good time to start a saving plan to accumulate the fund.

Getting into the university is one thing, getting into one's preferred course of study may be another. Being able to provide for what your child choose to study is foresight par exellence.

But what if after you have provided, your children do not get a place in any university? In that unlikely event, you can cash the $$$ and go for holiday. You deserve it if they don't!

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